So, you want to understand what happened to the economy in 2008? I have an answer. It’s a poem. Why a poem? Because people can follow a poem, if it’s not too poetic, better than they can follow detailed chains of economic reasoning. [wpsh]Poems can have great influence. It is safe to say that the […]

Ruling elites as recently as 1600 appealed to God to justify their continuing rule. This was called the divine right of kings: rulership beyond any earthly court of appeal. That began to be undermined in the second half of the seventeenth century. A century later, Enlightenment democratic theory had replaced the divine right of kings. […]

It’s a news that many Americans have probably missed in the chaos of what is happening here in America. Most Christians, because they don’t have a solid understanding of economics and finances, and they don’t care to have one, wouldn’t even recognize the importance of that news. But the news is important. It marks a […]

Politics makes strange bedfellows. In the person of Ben Bernanke, three streams of American politics have come together: Progressivism, Populism, and Populism’s replacement, right-wing crackpot monetary theory. There is a third front: Chicago School economics, sometimes called monetarism. It is anti-gold standard, but it is represented by Bernanke only by default, not in theory. Chicago […]

Every political movement needs a manifesto. The Tea Party surely needs one. So do other grassroots political resistance organizations. They don’t have it yet, but they now have its preliminary foundation, Angelo Codevilla’s essay, “America’s Ruling Class — And the Perils of Revolution.” http://GaryNorth.com/snip/997.htm I have long regarded Dr. Codevilla as America’s smartest conservative political […]